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Top trading ideas by Prabhudas Lilladher: Buy TCS, Maruti Suzuki India

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

Markets, Buy, Sell, Stocks
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Vaishali Parekh Mumbai
NIFTY VIEW

Nifty has, for now, held on to the support band of 11,430-11,460 levels, however, the daily and weekly trend continue to be negative, thus making the bias a little bit cautious. The support for the day is seen at 38,600/11,520 while resistance is seen at 39,180/11,650. Bank Nifty would have a range of 30,120-30,750. Infosys result has, for now, revived the IT Sector. Among banks, it is Kotak Mahindra Bank and Federal Bank that are in the green and Sun Pharma has started contributing to the Pharma index.

BUY TCS   

CMP : Rs 2,145.70

TARGET : Rs 2,250